Condominium

1024 Ocean Dr # A502

1024 Ocean Dr # A502, Miami Beach FL 33139 Get directions

$315,000

For Sale 3D Tour
Price cut: $15,000 (−4.5%)

0 Beds · 1 Bath · 516 SqFt

See estimated monthly cost

This listing is courtesy of Lokation. Anna Lunicheva 754-232-4458

Overview

Rare top-floor unit offering unbeatable value per square foot and a relaxing partial ocean view from your private balcony. Perfect for investors: daily rentals allowed and no hotel program needed. Manage it yourself or bring in a professional—total flexibility. An ideal starter investment property in the heart of South Beach.

Facts & features

Interior

Living area (sq ft)
516
Full bathrooms
1
  • Other

Building & exterior

Year built
1964
Waterfront
Yes
  • Ocean View
  • Ocean Front
  • East Of Us1
  • Open Balcony
  • None

HOA (homeowners association)

Association fee
$1,783 per month
Pets allowed
Yes
  • Heated Pool
  • Pool
  • Corporate Buyer OK
  • Daily Rentals Allowed
  • Ok To Lease
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$5,560
Tax year
2025
Parcel number
02-42-03-302-0080

Assigned schools

Middle
Nautilus
High
Miami Beach

Listing

MLS number
A11917877
Property type
Condominium
Price per SqFt
$610
Subdivision
THE STRAND ON OCEAN DRIVE
On market since
Nov 20, 2025
Days on market
306

Price history

Date Event Price Change
Nov 20, 2025 Listed $335,000 —
Sep 7, 2026 Price change $315,000 −$15,000 (−4.5%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$4,075 per month

Principal & interest (30 yr)
$1,593
Property tax
$463
Insurance (estimated)
$236
Association fee
$1,783

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

  • Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.37 mi
  • Miami Beach Adult & Community Education Center Public · 0 · 0.40 mi
  • BaseCamp 305 Jr Private · KG-KG · 0.63 mi
  • Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.66 mi
  • Miami Beach South Pointe Elementary Public · PK-5 · 0.75 mi
  • South Pointe Elementary School Private · 01-10 · 0.77 mi
  • Lincoln-Marti Community Agency 41 Private · PK-03 · 0.90 mi

Similar homes nearby

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